montross515

Soaring Silver, Stalling Gold

Silver appears to be in extremely short supply in coin shops. On Ebay the price per ounce is clearly over 50% above the Comex price. Uses for silver are growing in proportion to the growth in the use of electricity worldwide ( look at India and Asia growth) PLUS new uses in medicine, hygiene, and computers. If the current Comex price of silver was $25 an ounce I think reasonable people would think they understood the market forces. As it is, we have to think that Bush/Cheney are playing games with the market, along with the C7. Ever wonder how much money the Bush Administration is losing everyday as they play the markets? What is a billion dollars to people who blow through a trillion in a few months?